Word: shoes
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Imelda, recovered from her gastritis attack, sits at the defense table, wearing the black of mourning for her husband, who died last September in exile in Hawaii. As she enters, eyes are inexorably drawn to her feet. What cake was to Marie Antoinette, shoes are to Imelda, who had 2,700 pairs in her closet in the presidential residence in Manila. Newsday runs a daily shoe- watch photo, but she now tends to wear modest black pumps...
Thomas Bata's visit to Prague last December at the invitation of the new Czechoslovakian leadership was a particularly joyful journey. At 75, he heads Toronto-based Bata Shoe, which made 300 million pairs of shoes last year. Founded in 1894 by his father in the Moravian town of Zlin, Czechoslovakia, the firm was nationalized by the Communists in 1945. The family moved to Canada and proceeded to build the world's largest shoe company...
...return, he was greeted by Czech crowds chanting "Bata! Bata! Bata!" Local officials gave the Canadian industrialist a haunting tour of the giant factory that his late father had built. Dilapidated, the aging shoe factory still turns out footwear on the machinery installed by his family nearly a half-century ago. Bata plans to renovate the factory as part of a joint venture. Forty years after being driven out of his country, Thomas Bata is a returning hero...
...some companies, debt was a by-product of attempts to escape takeover raids. Interco, a St. Louis-based conglomerate whose holdings include the Converse and Florsheim shoe companies, borrowed $1.9 billion in 1988 to fend off a hostile bid. Interco said last month that it was willing to give creditors a controlling interest in the firm to avoid bankruptcy court...
...fire halted the fighting eight years later, Saddam had used his chemical weapons against Iran's soldiers and fired his missiles on Tehran and other cities. During the savage war, Saddam enunciated to a visiting Arab delegation his guiding philosophy toward the region by pounding a table with his shoe and shouting, "That's the only way to treat Arabs...